Federal Reserve Governor Lisa Cook attends the Federal Reserve Bank of Kansas City's 2025 Jackson Hole economic symposium, "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy" in Jackson Hole, Wyoming, U.S., August 23, 2025. REUTERS/Jim Urquhart TPX IMAGES OF THE DAY
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'Questionable' cause: Former prosecutor reacts to Trump firing of Fed governor

President Donald Trump announced he has fired Federal Reserve Governor Lisa Cook, according to a letter addressed to her posted on his social media. This marks the first instance of a president firing a central bank governor in the central bank’s 111-year history.

02:39 - Source: CNN
Politics of the Day 17 videos
Federal Reserve Governor Lisa Cook attends the Federal Reserve Bank of Kansas City's 2025 Jackson Hole economic symposium, "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy" in Jackson Hole, Wyoming, U.S., August 23, 2025. REUTERS/Jim Urquhart TPX IMAGES OF THE DAY
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'Questionable' cause: Former prosecutor reacts to Trump firing of Fed governor
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Kilmar Ábrego García speaks out before entering ICE facility
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<p>Illinois Governor Pritzker told President Donald Trump, “Do not come to Chicago,” after Trump left the door open to deploying the military to other cities, such as Chicago, telling reporters they were “ready to go anywhere” with “less than 24 hours’ notice.”</p>
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'Do not come to Chicago': Illinois governor warns Trump
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WASHINGTON, DC - SEPTEMBER 28: Attorney General of Illinois Kwame Raoul speaks as (L-R) U.S. Congresswoman Eleanor Holmes Norton (D-DC), Rep. Jan Schakowsky (D-IL) and Rep. Carolyn Maloney (D-NY) listen during a news conference near the U.S. Capitol September 28, 2022 in Washington, DC. House Democrats held a news conference to discuss their support for the passage of the Equal Rights Amendment as the 28th Amendment to the U.S. Constitution following oral arguments in the D.C. Circuit Court of Appeals over an ERA-related lawsuit. (Photo by Alex Wong/Getty Images)
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Hear what Illinois governor said on Trump making plans to deploy National Guard to Chicago
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Bash presses Jeffries on whether New York will join redistricting war
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Newsom continues to troll Trump on social media
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WASHINGTON, DC - AUGUST 22: U.S. President Donald Trump speaks in the Oval Office August 22, 2025 in Washington, DC. Trump announced the FIFA World Cup 2026 draw will take place at The Kennedy Center. (Photo by Chip Somodevilla/Getty Images)
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Harry Enten shows how Trump would've lost in 2024 without improvement from mail-in voting
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See the moment Texas Republicans approve new congressional maps
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Ghislaine Maxwell says she never witnessed Trump ‘in any inappropriate setting in any way’
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Video: Kilmar Abrego Garcia is released from criminal custody
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This undated trial evidence image obtained December 8, 2021, from the US District Court for the Southern District of New York shows British socialite Ghislaine Maxwell, right, and US financier Jeffrey Epstein, left.
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Audio transcript reveals Maxwell struggled to remember decades-old events with Epstein
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Deputy Attorney General Todd Blanche, the Department of Justice's second-highest official, has issued a new statement regarding his meeting with Ghislaine Maxwell. Blanche also indicated that he will meet with Maxwell for a second consecutive day. CNN Chief Legal Affairs Correspondent Paula Reid has the details.
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DOJ did not promise Maxwell 'anything' in exchange for meeting, transcript says
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This undated trial evidence image obtained December 8, 2021, from the US District Court for the Southern District of New York shows British socialite Ghislaine Maxwell and US financier Jeffrey Epstein in Queen's log cabin at Balmoral.
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Holmes breaks down DOJ's 'unprecedented' decision to release audio from Maxwell interview
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Walmart is getting hit by Trump's tariffs
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'She fought for so many survivors': Virginia Giuffre's brother becomes emotional remembering his sister
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Vance and Hegseth face loud protests during visit with National Guard
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'Mr. President, move on': Republican strategist's message to Trump on slavery exhibits in museums
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